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All around it is kind of quiet today–equities off a little bit and the 10 year treasury off 2 basis points to 3.90%–looks to me like everyone is waiting on the personal consumption expenditures (PCE) tomorrow–we could have some real fireworks. A qui…

Jeff Gundlach – the so-called bond king is calling for ‘hard landing’ in the economy, of course, caused by the Fed’s aggressive raising of interest rates. It’s interesting to me that Gundlach and many others are calling for the bad outcome, while it is…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. FAT BRANDS INC. REPORTS FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS New York Mortgage Trust Reports Fourth Quarter and Full…

Yesterday turned out to be more negative than one could have anticipated. After interest rates jumped higher last week on economic data and Fed yakker talk the PMI (purchasing managers index) came in higher than forecast yesterday–let’s face it the ec…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. Enstar to Enter Loss Portfolio Transfer With RACQ Global Ship Lease Announces Fourth Quarter and Full Year 2022 Earnings Release, C…

Investing is a mental game–and mentally everyone is worried this week. Of course not much has really changed since last week–but all the folks who were deniers of higher interest rates last week have now done an about face to say ‘higher for longer’….

Futures markets are looking pretty soft this morning with both the DJIA and S&P500 looking down almost 1%. Interest rates are popping a bit with the 10 year treasury yield at 3.89% at this moment (6 a.m. central)–if economic data shows strength th…

I see that the 10 year treasury yield is now at 3.89% after closing yesterday at 3.84%. The Producer Price Index came in a bit hot yesterday, but it wasn’t until later in the day that equities reacted negatively to comments from Fed yakkers Bullard and…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. Enstar to Enter $1.9 Billion Loss Portfolio Transfer With QBE Ready Capital Corporation Announces Fourth Quarter and Full Year 2022…

TravelCenters of America (TA) is being acquired by British Petroleum. TA has 3 high yield baby bonds outstanding which can be seen here. Some info is here. A TA press release is here.

Every week we have at least 2 days with significant economic news and of course today is one of the days. In days and years of the past the weekly initial jobless claims was just a number no one paid much attention to–now we are searching for signs of…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. Armada Hoffler Announces Income Tax Treatment of Its 2022 Dividend Distributions Retail Opportunity Investments Corp. Reports 2022…